Technical analysis:
Gold has been trading sideways in last 3 hours and I see potential for the range breakout.
Trading recommendation:
In case of the downside breakout of the support at $1.645, watch for selling opportunities on the break with the downside objective at $1.632
In case of the upside breakout of the resistance at $1.648, watch for buying opportunities with the upside objective at $1.664
Intraday trend is bullish....
